Amidst the Solana Meme Craze, Which Projects Became "Stars"?

The meme frenzy within the Solana ecosystem is sweeping through the entire crypto market. Toly, co-founder of Solana, publicly recommended the meme “Silly Dragon” at the Breakpoint Summit, causing its value to skyrocket by sixfold in just two days, reaching a market capitalization of $86 million, with a more than thirteenfold increase over the past week. Additionally, a Shiba Inu dog wearing a knitted hat and a cat always meowing have become the recent hot topics in the community.

Apart from Silly Dragon, several meme projects are currently gaining traction within the Solana ecosystem. However, the soaring trend of memes also comes with risks and uncertainties, requiring a cautious and rational approach.

dogwifhat（WIF）

According to the official website description, “dogwifhat is not just a dog with a hat, but a symbol of progress, representing those who dare to think ahead, serving as a compass for forward-thinking individuals.”

Currently, there are over 22,000 addresses holding WIF, with a market value of 200 million US dollars. According to Solscan data, the current supply of WIF is 998,921,844 tokens, and the distribution among holders is relatively dispersed. The largest holder on the chain possesses 8.2697% of the tokens, while addresses ranging from the second largest to the seventh largest hold between 1% to 2.5% of the tokens.

Leia the Cat（LEIA）

Leia the Cat is named after Leia, the cat of Solana co-founder Raj Gokal. LEIA has a total supply of 10 billion tokens, and there is an automatic burn of 1% tax when bought or sold, facilitating a deflationary model. The current supply of Leia stands at 9,838,825,776.20 tokens, held by 9208 holders, and its current market value is $3.77 million.

Pop Cat（POPCAT）

Pop Cat uses a photo of a cat named Oatmeal and Photoshops the cat's mouth into a large “O” shape.

The POPCAT token does not have any taxes imposed. About 93.1% of the tokens are sent to a liquidity pool, where the LP tokens are burned. The remaining 6.9% of the supply is reserved in a multi-signature wallet and is intended solely for future centralized exchange listings, cross-chain functionality, and liquidity pools.

The current maximum supply of POPCAT tokens is 979,978,668, held by 9472 holders, with a current market value of less than $20 million.

KnobCoin（KNOB）